Supply & demand

The resulting record divergence in gold futures vs spot unleashed a flood of physical gold into the US as a record scramble by traders rushing to take advantage of this arbitrage opportunity by shipping bullion to New York sparked what Bloomberg said "may be one of the largest ever physical transfers of the metal."

Will gold be confiscated? Yes, of course, it could be. Desperate governments will take desperate actions. And as the world economy is now slumping into a hyperinflationary depression, unlimited money printing will cause currencies to collapse, leading to a surge in the gold price measured in worthless paper money.

How can anyone believe that the fake world the Fed and their fellow central bankers have created has anything to do with reality.

Scotia was for years the world's biggest lender to the physical precious metals industry, with a history that stretches to 1684.

This interview starts by Lynette reminding her audience of Egon’s view that financial and economic risk in the world was getting uncomfortably high already 20 years ago.

That the world economy for the last 100 years was totally dependent on credit and printed money is not a new miracle paradigm but a the sign of diseased system. Issuing fake money at zero cost always had to end badly.

Bank of America raised its 18-month gold-price target to $3,000 an ounce, in a report titled “The Fed can’t print gold.”

Mine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETFs are experiencing large inflows of funds. Where do they get the gold, if at all?

Gold exports from Switzerland to the U.S. soared in March as American investors rushed to buy bullion amid the virus-driven panic.

Gold revaluation will be the ultimate margin call (on real money) since you will be asked to put much more paper money to own/keep real money : gold in it's physical form.